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LATAM Airlines Brazil announces its intentions regarding Multiplus S.A.
September 04, 2018
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(GLOBE NEWSWIRE via COMTEX) --Santiago, Chile, September 5, 2018- LATAM Airlines Group S.A ("LATAM") (NYSE: LTM; IPSA: LTM) today announced that its consolidated affiliate TAM Linhas Aereas S.A. ("LATAM Airlines Brazil"), does not intend to renew or extend its operating agreement (the "Contract") with  Multiplus S.A. ("Multiplus"), its loyalty coalition affiliate, after December 31, 2024. Concurrently, LATAM Airlines Brazil announced its intention to offer to acquire all of the common shares in Multiplus that LATAM's affiliates do not currently own (the "Delisting Tender Offer"), and to subsequently de-list Multiplus from the B3 Novo Mercado in Brazil and cancel its registration.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: LATAM Airlines Group via Globenewswire

LATAM Airlines Brazil announces its intentions regarding Multiplus SA - http://hugin.info/152278/R/2214281/864101.pdf